# LogComex

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/logcomex-s-a

- Industry: Software
- Headquarters: Curitiba, Brazil
- Website: www.logcomex.com
- Total disclosed funding: $45M
- Latest round: Series B (Nov 17, 2023)
- Investors on record: 7

## About

LogComex S.A., based in Brazil, specializes in optimizing international trade operations through advanced AI solutions, enhancing efficiency for businesses engaged in global commerce.LogComex S.A. was founded in 2016 in Curitiba, Brazil, and focuses on streamlining global trade processes using autonomous AI agents. The company has completed a total of 3 deals, with its most recent funding round, Series B, occurring on November 17, 2023. In this round, LogComex raised BRL 165 million, led by Riverwood Capital, with participation from Alexia Ventures, Caravela Capital, Endeavor Catalyst, and Igah Ventures. The firm was co-founded by Carlos Souza, Gracielle Grecco, and Helmuth Hofstatter, who currently serves as the CEO.LogComex offers a suite of advanced solutions designed to streamline international trade operations through its autonomous AI agents. The core product offerings include strategic intelligence agents that facilitate decision-making by providing insights on supplier analysis, market trends, and pricing strategies. Additionally, operational efficiency agents automate workflows, manage purchase orders, and ensure regulatory compliance, significantly reducing manual tasks and errors in the importation process. These services cater primarily to businesses involved in global trade, notably importers and freight agents, allowing them to accelerate prospecting, identify commercial opportunities, and optimize transit routes. The offerings target various geographical markets, including Latin America and other regions actively engaged in international trade.Logcomex generates revenue through a subscription-based model, wherein businesses subscribe to utilize its suite of AI-driven tools and services. Clients engage with Logcomex by integrating its solutions into their operational frameworks to achieve enhanced productivity and reduced operational costs. The company’s revenue structure encompasses multiple tiers of subscription plans tailored to meet the varying needs of businesses, from small importers to large freight agencies. Each subscription facilitates access to essential features such as data extraction, document verification, and compliance monitoring, which are critical to maintaining efficiency in trade operations. These transactions establish ongoing partnerships with clients, reinforcing its role in the international commerce ecosystem.In November 2023, LogComex S.A. raised BRL 165 million in Series B funding led by Riverwood Capital, with additional investment from Endeavor Catalyst and returning investors Igah Ventures, Alexia Ventures, and Caravela Capital. The company plans to utilize this funding to expand its product offerings and venture into new industries such as the automobile and pharmaceutical sectors. Additionally, LogComex aims to grow its market reach across Latin America, indicating a strategic focus on enhancing its presence in this region.

## Funding rounds

- Series B, Nov 17, 2023, $34M — Riverwood Capital, Endeavor Catalyst, Igah Ventures, Caravela Capital, Alexia Ventures
- Series A, Aug 6, 2021, $10M — Igah Ventures, Invest Tech, Caravela Capital, Alexia Ventures, Scale-Up Ventures
- Seed, Mar 23, 2020, $0.6M — Invest Tech, Caravela Capital

## Investors

- Invest Tech (https://capitalatlas.ai/funds/invest-tech) — Seed, Series A
- Caravela Capital (https://capitalatlas.ai/funds/caravela-capital) — Seed, Series A, Series B
- Igah Ventures (https://capitalatlas.ai/funds/igah-ventures) — Series A, Series B
- Alexia Ventures (https://capitalatlas.ai/funds/alexia-ventures) — Series A, Series B
- Scale-Up Ventures (https://capitalatlas.ai/funds/scale-up-ventures-2) — Series A
- Riverwood Capital (https://capitalatlas.ai/funds/riverwood-capital) — Series B
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series B